Exchange Capital Management Inc. Has $2.62 Million Stock Position in Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR)

Exchange Capital Management Inc. increased its stake in Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) by 10.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 135,785 shares of the company’s stock after acquiring an additional 13,311 shares during the quarter. Exchange Capital Management Inc.’s holdings in Invesco BulletShares 2027 Corporate Bond ETF were worth $2,619,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Invesco Ltd. lifted its stake in Invesco BulletShares 2027 Corporate Bond ETF by 37.5% in the third quarter. Invesco Ltd. now owns 637,643 shares of the company’s stock valued at $11,946,000 after buying an additional 173,879 shares during the period. Ancora Advisors LLC raised its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 208.3% during the third quarter. Ancora Advisors LLC now owns 1,924 shares of the company’s stock worth $36,000 after purchasing an additional 1,300 shares during the period. IMA Wealth Inc. acquired a new position in shares of Invesco BulletShares 2027 Corporate Bond ETF during the third quarter worth approximately $12,087,000. Financial Advisory Group raised its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 2.9% during the third quarter. Financial Advisory Group now owns 102,536 shares of the company’s stock worth $1,921,000 after purchasing an additional 2,905 shares during the period. Finally, Anchor Investment Management LLC acquired a new position in shares of Invesco BulletShares 2027 Corporate Bond ETF during the fourth quarter worth approximately $242,000.

Invesco BulletShares 2027 Corporate Bond ETF Price Performance

Shares of NASDAQ:BSCR traded up $0.02 during trading on Tuesday, reaching $19.22. 289,974 shares of the stock were exchanged, compared to its average volume of 469,027. Invesco BulletShares 2027 Corporate Bond ETF has a 1-year low of $18.52 and a 1-year high of $19.54. The stock has a fifty day moving average of $19.20 and a two-hundred day moving average of $19.27.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were issued a dividend of $0.0717 per share. The ex-dividend date of this dividend was Monday, June 24th. This represents a $0.86 annualized dividend and a yield of 4.48%. This is an increase from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07.

About Invesco BulletShares 2027 Corporate Bond ETF

The Invesco BulletShares 2027 Corporate Bond ETF (BSCR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade corporate bonds with effective maturities in 2027. The fund will unwind in December 2027 and return capital and proceeds to investors.